Mastodawn

Winnipeg woman on the hook for $1.3K cable bill she says isn't hers
A Winnipeg woman is being held responsible for an overdue bill on an account she says she never opened. Last summer, Christina McKay noticed her credit score had dropped significantly. When she looked into it, she found a $1,300 debt from Rogers Communications she didn't recognize.
https://www.cbc.ca/news/canada/manitoba/rogers-debt-fraud-bills-credit-rating-9.7142156?cmp=rss

Global News Kingston 2h ago

Ford government to table 2026 budget with warning of ‘tougher times’ ahead
The annual financial plan will outline the government's expectations for economic growth and debt, as well as offering insights into the cost of its policies.
#Canada #Economy #Politics #Fordgovernment
https://globalnews.ca/news/11746458/ontario-budget-2026/

Global News Hamilton 3h ago

Ford government to table 2026 budget with warning of ‘tougher times’ ahead
The annual financial plan will outline the government's expectations for economic growth and debt, as well as offering insights into the cost of its policies.
#Canada #Economy #Politics #Fordgovernment
https://globalnews.ca/news/11746458/ontario-budget-2026/

Global News Barrie 3h ago

Ford government to table 2026 budget with warning of ‘tougher times’ ahead
The annual financial plan will outline the government's expectations for economic growth and debt, as well as offering insights into the cost of its policies.
#Canada #Economy #Politics #Fordgovernment
https://globalnews.ca/news/11746458/ontario-budget-2026/

Show thread

Don Curren 🇨🇦🇺🇦22h ago

2 #TorstenSlok, chief economist at Apollo Global Management: With #hyperscalers issuing more #debt, #AI is increasingly also driving returns in #bondmarkets 🧵

ProPublica RSS 1d ago

New Portland Trail Blazers Owner Played Key Role at Company Oregon Accused of Predatory Lending

https://www.propublica.org/article/tom-dundon-moda-center-portland-oregon

#Debt

New Portland Trail Blazers Owner Played Key Role at Company Oregon Accused of Predatory Lending

As CEO of Santander Consumer USA, the incoming Portland Trail Blazers owner was behind what regulators called an “aggressive push” to waive proof-of-income requirements.

ProPublica

Alexandra Beekers 🏳️‍🌈🌍1d ago

“#Banks exist for one reason only and that is to keep you in #debt”
#dependency #coercion #banksters

Stay away from banks: they exist to exploit you
https://www.taxresearch.org.uk/Blog/2026/03/25/91119/

Stay away from banks: they exist to exploit you

Banks are not your friend. They exist to exploit you, and they will whenever they can. This is the audio version: Banks want to keep you in debt. I know they produce those lovely cuddly adverts that imply that they're your friend, helping you out as you go through life, but all of...

Funding the Future

Emeritus Prof Christopher May 1d ago

The political class is obsessed with the level of public debt (as a proportion of GDP), but if we are really concerned about debt then we really should be looking at it in the round - public debt, corporate debt *and* private (household) debt - then the UK is no outlier!

(debt in itself is not necessarily an issue, its the ability to fund repayments that matters; debt has always been a useful way of utilising the future to fund the present!)

#debt #politics

h/t Economics Observatory/LinkenIn

Zhi Zhu 🕸️1d ago

"The U.S. #government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the #Treasury Department’s own consolidated financial statements for fiscal year 2025, released last week to near-total #media silence. The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025."
https://fortune.com/2026/03/23/us-government-insolvent-fiscal-crisis-fix/

#DonaldTrump #Trump #GOP #Politics #USPol #Finance #Economics #News #US #USA #UnitedStates #America #Debt #deficit

Bongolian 1d ago

Pete Pattisson: ‘The whole country is doing it’: how illegal kidney traders target Pakistan’s desperate brick kiln workers. ‘I had to marry my daughter and my son and that meant the debt got bigger. The brick kiln owner was threatening me. He used to beat me, and so we decided to sell a part of my body to escape.’ Enslaved by #debt, victims often feel compelled to sell an organ to repay loans – but can find themselves even worse off after the procedure.
#Pakistan #slavery
https://www.theguardian.com/global-development/2026/mar/24/pakistan-brick-kiln-workers-selling-kidney-debt-victims

‘The whole country is doing it’: how illegal kidney traders target Pakistan’s desperate brick kiln workers

Enslaved by debt, victims often feel compelled to sell an organ to repay loans – but can find themselves even worse off after the procedure

The Guardian